In a stunning policy U‑turn, petrol prices have risen to Rs458.40 per litre, while high-speed diesel now averages over Rs520 per litre — the steepest jump in months, affecting commuters and businesses across Pakistan.
Government Rolls Out Targeted Subsidy Programs (But Not What You Expected!)
Amid backlash, the government has introduced a targeted fuel subsidy plan for the most vulnerable citizens:
- Subsidised petrol relief for motorcyclists and low-income drivers
- Digital fuel subsidy frameworks including a mobile app for cheaper petrol access
- Provinces sharing the subsidy burden to ease federal strain
IMF & Government Under Pressure
Pakistan has assured the International Monetary Fund (IMF) that rising global oil costs will be passed to consumers, while negotiating flexibility on how much fuel can be subsidised under IMF conditions.
